China’s central bank has set the yuan’s daily reference rate against the US dollar at the strongest level in more…
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Amid all the artificial intelligence-induced euphoria – or irrational exuberance – in stock markets and despite the unease caused by…
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The Chinese yuan’s share in global foreign exchange (forex) trading climbed to 8.5 per cent this year while maintaining its…
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Why are central banks, including those of China and India, adding gold bullion to their reserves at an almost alarming…
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As global confidence in the US dollar erodes in the wake of Washington’s “Liberation Day” tariffs, economists at the Annual…
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Wall Street pundits and investors are schizophrenic about US assets. The dollar weakened after Moody’s cut the United States’ credit…
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On April 30, Donald Trump reached the 100-day mark of his second term as US president. In foreign exchange markets,…
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The dollar drifted lower on Monday after an early bump off a three-year low, as investor confidence in the world’s…
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China’s policymakers should consider anchoring the yuan exchange rate to a basket of non-US dollar currencies to create more flexibility…
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Swift payment data is a major indicator for the relative status of international currencies. Other metrics include frequency of use…
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